Goldman Sachs

Shell to Sell Canadian Natural Resources Stake for $3.3 Billion

A unit of Royal Dutch Shell Plc has agreed to sell its entire stake in oil sands producer Canadian Natural Resources Ltd. for about $3 billion, which …

Business (Canada)

A High-Ranking Commerce Department Official Was Removed By Security Last Week. The Department Won't Say Why.

Elizabeth Erin Walsh was escorted from the building by security last Thursday.<p>A high-ranking Department of Commerce official was escorted out of the department’s Washington, DC, headquarters by security last Thursday, according to three sources at the agency knowledgeable about the matter.<p>It is …

Donald Trump

Report: France family exploring possible sale of NASCAR

Reuters, citing unnamed sources, reported Monday that the France family is exploring the possibility of selling their entire stake in NASCAR.<p>The …

Motorsport

Report: NASCAR Majority Owners Explore Potential Sale of Company

The France family, which controls the majority stake of NASCAR, is reportedly exploring options to sell its entire share of the company, according to Reuters.<p>While the group is working with Goldman Sachs Group Inc. to look for a possible deal, it is still at the "exploratory stage," and there is no …

NASCAR

AutoZone on watch after Goldman conviction nod

Goldman Sachs lifts AutoZone (NYSE:AZO) to a Conviction Buy rating after having it set at Buy. AutoZone is called the top pick in the auto …

Markets

Goldman's $1B Bankers Set the Pace for Asian Wealth

Goldman Sachs Group Inc. topped the charts for assets per manager at private banks in Asia. Bloomberg's Jason Kelly explains on "Bloomberg Daybreak: …

Goldman Sachs Group

There Is Virtually No Chance of a U.S. Recession This Year: Goldman Sachs

With so many things going well in the U.S. economy, those calling for a U.S. recession this year may want to simmer down.<p>"The US Economic team's …

Markets

Report: France family exploring sale of NASCAR amid attendance struggles

The France family have reportedly engaged with Goldman Sachs to explore a potential sale of NASCAR, according to Bob Pockrass and Darren Rovell of …

Motorsport

Majority Owners Explore Sale of NASCAR: Sources

The majority owners of NASCAR, the company which operates the namesake U.S. car-racing series and other motorsport events, are exploring options that …

Motorsport

To Sue Goldman Sachs, You Have To Be Willing To Hang On—For A Long, Long Time

“There can be this appearance that a case is damaged goods. … It’s so much easier to say, ‘I agree with the defendants. Let’s get rid of this thing’ ”

Markets

Goldman Economist Boak Sees 'Positive Mix' for Australian Growth

Goldman Sachs Australia Chief Economist Andrew Boak discusses the prospects for Australia's economy with Haidi Lun on "Bloomberg Daybreak: …

Economics

CVR Refining +9% as Goldman upgrades to Buy

CVR Refining (CVRR +9.5%) surges to a 52-week high after Goldman Sachs upgrades shares to Buy from Neutral with a $25 price target, raised from $17, …

Goldman Sachs

France family reportedly exploring potential sale of NASCAR

Amid multi-year low TV ratings and dropping attendance, NASCAR could be up for sale sooner rather than later.<p>Rumblings of a potential sale resurfaced …

Motorsport

NASCAR majority owners reportedly exploring potential sale

Reuters reports that the France family is aligned with Goldman Sachs to explore options<p>The future of NASCAR as we know it could soon face major …

Motorsport

DSP Group to buy out BlackRock stake in JV; another foreign player exits Indian mutual fund space - Firstpost

<b>New Delhi</b>: In another exit by a foreign player from the Indian mutual fund space, financial services firm DSP Group on Monday announced buyout of …

Investing

GSBD : Summary for Goldman Sachs BDC, Inc.

Bloomberg<i>•</i>last month<p>Shadow banks may be more shadowy than investors realize.<p>CNBC<i>•</i>4 months ago<p>The recent uptick in oil prices is not likely to be …

Oil

BRIEF-Autolus Therapeutics Files For U.S. IPO Of Up To $100 Million | Reuters

May 7 (Reuters) - AUTOLUS THERAPEUTICS LTD -<p>* AUTOLUS THERAPEUTICS LTD FILES FOR U.S. IPO OF UP TO $100 MILLION – SEC FILING<p>* AUTOLUS THERAPEUTICS LTD SAYS INTEND TO APPLY TO LIST ADSS ON THE NASDAQ GLOBAL MARKET UNDER THE SYMBOL “AUTL”<p>* AUTOLUS THERAPEUTICS LTD SAYS GOLDMAN SACHS & CO. LLC, …

Wells Fargo

Goldman adds McDonald’s to conviction list, sees a buying opportunity

Goldman Sachs added McDonald's to its Americas Conviction List as it sees the stock recovering from its recent pullback.<p>Analyst Matthew Fassler said …

McDonald's

Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could

Bitcoin is something Bill Gates “would short if there was an easy way to do it,” he has told CNBC this week.Microsoft founder Bill Gates issued …

Cryptocurrency

Goldman Sachs: This is the perfect environment for bank stocks — here are 7 reasons why they're set to spring higher

3/3 © Getty Images / Spencer Platt 2/3<p><b>Goldman Sachs (NYSE:GS) says we're currently in a great environment for bank stocks, despite mounting investor</b> …

Markets

No one-shot solution this

A few weeks ago, some analysts at Goldman Sachs brought out a report titled, ‘The Genome Revolution’, about bio-tech startups that are on the verge …

Startups

A Look At The Largest U.S. Investment Banks' Q1 Securities Trading Revenues

The five largest U.S. investment banks churned out their best securities trading performance in five years to report combined revenues just shy of $24 billion for the first quarter of 2018. This compares with a figure of $21.4 billion a year ago (a 12% jump year-on-year), and is substantially …

Trading

There are still great buying opportunities in this 'Buffett bounce': Money manager

The market is now experiencing a "Buffett bounce," investment expert Quint Tatro told CNBC on Monday.<p>Stocks were "tepid" and on the "precipice of …

Stock Markets

From the Trenches: Transforming Organizations Around Analytics

At EGG2017 in New York City, a group of experts from BCG Gamma, Goldman Sachs, Damiler, and The New York Times talked about their experiences in data …

Data Science

General American name vanishes as MetLife merges two units

A historic St. Louis insurance company that lost its independence nearly two decades ago has now ceased to exist even on paper.<p><b>MetLife</b> announced …

St. Louis

A Simple Rule Has Constrained Bankers’ Freedom. Now It Is Getting ‘Retooled’

Trump-appointed officials are retooling the leverage ratio, a capital rule adopted to curb excessive borrowing<p>WASHINGTON—The largest big-bank rule changes proposed since President Donald Trump took office would refashion one of the core responses to the 2008 financial crisis, generating an unusual …

Bank of America

Report: NASCAR majority owners exploring potential sale

Could NASCAR be up for sale?<p>According to a Reuters report released Monday, NASCAR majority owners have entered into preliminary discussions about the …

Motorsport

Goldman Sachs says it will restart stock buybacks in the third quarter

Well, that didn't last long.<p>Goldman Sachs will restart stock repurchases in the third quarter, the company said Friday in its quarterly securities filing.<p>The restart, contingent on Federal Reserve approval of the firm's capital plan and other business opportunities, reverses a second-quarter pause …

Markets

Mukesh Ambani's future son-in-law Anand Piramal is 'unfailingly polite' and has no 'airs', say insiders - Firstpost

Anand Ajay Piramal, the 33-year old scion of the Piramal Enterprises Group, will wed his beau, 26-year-old Isha Ambani, the only daughter of the …

University of Pennsylvania

Robinhood Expands Crypto Trading Platform | Investopedia

No-fee broker Robinhood has opened cryptocurrency trading to Colorado, Wisconsin, Mississippi and New Mexico residents after the initiative got off …

Trading